A Daily Swing Trade

- Dow breaks through 12,350, rallies strongly to the Close. The index rallied sharply the rest of the session for a 159 point gain and is now sitting just beneath the 12,500 level.

- The NASDAQ and S&P each rallied sharply late in the day after blowing through key resistance levels. Look for more overall strength above these broken resistance levels.

Summary

The Dow ended the day with a very strong rally, as the index blew through the 12,350 zone. Look for more strength above this level, especially should a continuation pattern form.